Frequently Asked Questions on Financial Aid
College Scholarship Committee
Ateneo de Davao University
Our financial aid program is designed to encourage all qualified students regardless of financial circumstances to consider applying for admission to Ateneo de Davao University. Any family who feels they may need help paying for an Ateneo education is welcome to apply for aid.
Q: What is Financial Aid?
A:Financial aid is money made available by University and private sources in the form of grants, wages, and scholarships.
Q: How is Financial Aid calculated?
A: Eligibility is based primarily on prior year income, assets, and family size, academic marks, recommendations, interview, essay, and available funds.
Q: How do you decide who gets financial aid?
A: Financial aid is awarded based on need only. We use the information you supply on your financial aid application to determine how much support we will provide. The College Scholarship Committee determines financial need of each applicant based on the information supplied by the applicant, the interviewer’s recommendations, the home-visit information and the available funds.
Need is determined through a careful review of each family’s individual financial circumstances. Personal attention is given to every student’s aid application. We also take into account special circumstances, and use experience and judgment in determining aid awards.
Q: Do you give scholarships for academic merit, special talents or athletic ability?
A: No. All financial aid awards are based primarily on need. If you are the valedictorian or salutatorian of a Philippine secondary school in the school year prior to your application (means you recently finished high school), kindly click here.
Q. How can I obtain an application?
A: You can contact our office via landline at (082) 221-2411 local 8303.
Q: I probably don’t qualify for aid. Should I apply for financial aid anyway?
A: Yes. Many families mistakenly think they don’t qualify for aid and prevent themselves from receiving financial aid by failing to apply for it. There is no good excuse for not applying.
Q: Do I need to be admitted before I can apply for financial aid at a particular university?
A: No, you only need to pass the entrance exam before you can apply for financial aid. To actually receive funds, you must be admitted and enrolled at the university.
Q: What are my chances of receiving financial aid?
A: The only way to determine your eligibility for financial aid is to submit a Application For Financial Aid Form. The likelihood of receiving some form of financial assistance is probably better than most students and their families anticipate.
Q: In order to receive financial aid do I have to apply every semester?
A: No. In order to receive consideration for priority programs you must file Application for Financial Aid form once. Thereafter you will be assessed by the College Scholarship Committee at the end of each semester, a renewal form must be accomplished every end of the semester.
Q: Do I need to submit all the recommendations as a specified or only one from among the list of recommendations?
A: Yes, you have to submit ALL the recommendations as listed. The Scholarship Committee specifies those recommendations since the screening team may call and verify information you submitted from those persons.
Q: What are the priority course programs?
A: Priority course programs are course tracks identified by the University as programs that will have grants and financial aid. For SY 2013-2014, priority programs are BS Environmental Science, AB Philosophy, AB Sociology, AB Psychology, AB Economics, AB English, AB Political Science, BS Biology, BS Entrepreneurship, BS Mathematics, BS Social Work, BS Chemical Engineering, BS Civil Engineering, BS Computer Engineering, Elementary Education, Secondary Education, BS Chemistry.
Q: What is the deadline to apply for financial aid?
A: To receive consideration for financial aid, application form with attached documents must be received by the processor, prior to or on the last Friday of April for first semester of study, and prior to or on the last Friday of October for the second semester of study.
Q: I missed the application deadline, can I still apply for financial aid?
A: Yes, students may still apply for the next semester’s study. Application is open every semester, just take note of the application deadlines.
Q: Will I be required to submit additional forms to College Scholarship Committee other than what are specified in the Financial Aid Application form?
A: Possibly, if you are selected for review in a process called verification we will contact you about what additional forms are necessary. It is not necessary to contact our office.
Q: After I have submitted the application forms and other documents, I am scheduled for a financial aid interview. Where is the venue for interview?
A: For SY 2013-2014 First Semester applications, interview is conducted at the J301, third floor of Jubilee Hall. A panel of interviewers will be available, panel is composed of selected professors in the University who will make recommendations to the Committee.
Q: Will the Scholarship Committee visit our family residence?
A: Possibly, if you are selected for review in a process called verification, we will contact you about the visit, if recommended by the Committee. Financial Aid officers will go to your house and conduct an ocular inspection of your family’s financial situation. It is not necessary to contact our office.
Q: I got an outside scholarship. Should I report it to the Admission and Aid Office?
A: Yes. If you are receiving any kind of financial aid from other sources, you must report the scholarship to the Admission and Aid Office.
Unfortunately, the University will adjust your financial aid package to compensate. Nevertheless, the outside scholarship will have some beneficial effects. The outside scholarship is first applied, and only when the scholarship exceeds the actual tuition/ fees does it replace University grants.
Q: If I received a scholarship from Ateneo de Davao University, may I also receive financial assistance from the government, like CHED, DOST, Congress, local government unit, etc.?
A: Yes. Receipt of a scholarship from the University does not preclude receipt of government financial assistance. However, scholarship assistance from the government must be considered as a resource in determining eligibility for financial aid from the University and its benefactors. If a student had an initial need of P35,000, and receives a P15,000 scholarship from CHED, the scholarship amount from the government would be subtracted from the P35,000, and the difference of P20,000 would be considered the students remaining need.
Q: How do I apply for Ateneo de Davao University Scholarships?
A: You apply by completing the Application for Financial Aid.
Q: What happens after my freshman year? Will my aid stay the same?
A: The Admission and Aid Office at Ateneo de Davao University is committed to meeting as much of our students’ need as possible throughout their undergraduate years. However, an individual student’s need may change from year to year. Educational costs may increase, and changes in family size, number in college, and gross income can increase or decrease parental contribution from year to year. If a family’s circumstances remain the same, the parents calculated contribution should be relatively consistent.
Q: If I am awarded financial assistance for both first and second semesters of the academic year, but do not enroll in the second semester, will my aid change?
A: Yes, aid will be canceled and/or suspended for scholars choosing not to enroll in the second semester. Scholars enrolling in the second semester will be considered for assistance on a fund available basis.
Q: How can I apply for work study?
A: Students must file Application for Financial Aid before last Friday of April. Kindly tick the box that you are applying as a Working Student. However, other jobs may still be available on campus through Student Assistance Program. Please contact the Office of Student Affairs for more information.
Q: Do I need to submit income tax returns?
A: Yes, income tax returns of your parents must be submitted along with the application form. Please see the list of documentary requirements.
Q: If my parents are separated or divorced, whose income is reported on the Application form?
A: In general, Ateneo requires both parents to provide financial information. For extraordinary circumstances, the parent you live with should submit the income tax return. If the parent you live with has remarried, the income of that parent and their new spouse (step-parent) must be used.
Q: How can I contact the Commission on Higher Education (CHED) for government-sponsored financial aid?
A: The Commission on Higher Education Regional Office (RXI) is located at Loyola St. (at the back of USEP), Bo. Obrero, Davao City or access its website at www.ched.gov.ph.
Q: Do I need to supply my parents’ financial information if I am a self-supporting student?
A: When awarding aid, we require parental financial information for all students, with very few exceptions.
Q: If my parents do not have income and therefore do not have income return documents, what other documents I can submit to prove that they have no income?
A: A certification from the Bureau of Internal Revenue (BIR) attesting that your parents are exempt from paying income tax due to insufficient income or low income must be submitted in lieu of the Income Tax Return documents.
Q: If I do not apply for aid as a freshman and my family circumstances change later, can I request aid after my first year?
Yes. Students can apply for aid at any point during their time at Ateneo. Please take note of the deadline of applications.
Q: Is financial aid available for foreign students or non-Filipino students?
A: No, as of the moment, benefactors and donors of scholarship grants in the University have specified that financial aid beneficiaries must be Filipino citizens.
Q: Will the financial aid offered at Ateneo transfer to another school?
A: No. Financial aid does not transfer from school to school. Students planning to transfer to another school should contact the Financial Aid Office of that school to find out what is required.
Q: Is there any aid available if I decide to attend summer school?
A: Students may receive aid during summer sessions if they show financial eligibility and the course subjects are required by the regular curriculum.
Q: When will I know if I will receive financial aid?
A: If you are admitted to Ateneo and have applied for aid, you will receive a financial aid notice/ certification from the Admission and Aid Office. If you have not received one, kindly ask for it at the Admission and Aid Office. This certification must be submitted to the Finance Office-Student Accounts Desk within two weeks from the start of classes in order to apply the grant to the current fees of the student.
Q: What if I fail to get the certification and the same was not submitted to the Finance Office-Student Accounts Desk?
A: The grant is given to those students who are applying for financial aid on the wait-listed status.You can make an appeal, however, to the College Scholarship Committee.
Q: Why do I have to get the certification if the Admission and Aid Office can forward the information to the Finance Office directly?
A: You have to get the certification personally since your signature (and of your parent/ guardian, if minor) is needed in the certification. Once signed, you agree to the terms and conditions of the grant.
Q: Do I need to reapply for financial aid each semester?
A: For each semester of attendance at Ateneo, students must submit a financial aid renewal form at the end of each semester. This form is computer-generated and can be asked at the Admission and Aid Office at the end of the semester. The renewal application is evaluated according to the same need-based guidelines and conditions that were in effect when the student was granted the aid.
Q: Will I receive the same amount of financial aid every year?
A: Award amounts may vary from year to year, based on changes in a family’s financial circumstances, scholar’s academic performance and Ateneo’s cost of attendance.
Q: Do I have to maintain a minimum WPA (Weighted Percentage Average) to remain eligible for financial aid?
There is a minimum 2.50 (C+) QPI requirement (with no failing grade, no INC, no FD or P or F marks) to remain on financial aid, scholars must continue to maintain satisfactory academic progress.
Q: What if I have not complied the conditions stated in my grant?
A: Conditions for receiving a grant may be: maintaining the required QPI, visit the guidance counselor twice per term, non-violation of school’s rules and regulations, community service. If grantee fails to fulfill any of the conditions, the College Scholarship Committee may decide to place the grantee on probation, or suspend, or even terminate the grant.
ADMISSION AND AID OFFICE
Look for Ms. Devi Joy B. Migue-Barcena, Financial Aid Program Officer
Ateneo de Davao University
E. Jacinto St., 8016 Davao City
Tel +63 (82) 221.2411 local 8303
Fax +63 (82) 226.4116